Mathematics, 24.01.2022 06:00 nikejose11
A mother wants to invest 7,000.00 for her son's future education. She invests a portion of the money in a bank certificate of deposit (CD account, which eams 4% and the remainder na savings bond that came 7%. If the total interest earned
her one year is $420.00. how much money was invested in the Concount?
The total interest eamed after one year is $420.00
How much money was invested in the CD account? [7
(Round to the nearest cont, if necessary)
90
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Answers: 3
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A mother wants to invest 7,000.00 for her son's future education. She invests a portion of the money...
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